Saturday, 17 May 2008

Britains Greatest Product is Debt!

I am currently working on the Money 4 Life project Ebook, Upside Down Property Developing, and I have to report that my research is uncovering some horrible facts about Britain at the moment and in the future.

The Upside Down Property Developing manual is all about a positive angle on the diminishing property ladder in the UK. What my research has unveiled is rather more sinister and the problem for the UK could be altogether more problematic than people realise.

The multiple problems that the UK face in the next few months, and years is headed by it's main problem being the LARGEST product we collectively as a country have produced is DEBT. That is correct the official statistics tell us that our debt levels exceeded our profit from other activities, so as a Nation on the face of it we are bankrupt.

If you think for one minute that Britain's greatest efforts combined to be the worst debt statistics then we top the World. It is very unfortunate that as a Nation we think we are "great with money" yet clearly we are not.

If you have not yet been inspired to embark on the subject of Personal Finance Education then I would suggest that you read as much as possible in the coming months because if you just scraped by in the past, you are about to find yourself in serious jeopardy. I am not into melodramatics, I am researching what "The City" have to predict and it is not all good reading, if you are unprepared for an economic downturn then batten down the hatches, you are in for a rough ride

No comments: